There's one proviso to all us star gazers. SUPPLY. There's a lot of pent up sellers who've been sitting on the sidelines who weren't necessarily under water or in some level of distress that didn't need to fire sell, short sell or foreclose.
They've just been waiting for the right time to list. I think that time is soon approaching what with the normal hot window opens from April through October. I wouldn't be surprised to see a bit of a glut during this time which might even hold values at bay if not even lower them somewhat.
As we all know presently we're seeing just the opposite. A virtual feeding frenzy in some areas with multiple offers running ramp pet. Just my humble opinion.... more